‘’With OPEC+ is looking to unwind spare production capacity, we see some risk to net realizations of $73-74/bbl for upstream companies in CY25. We think that the best way to play in a range-bound oil price environment with rising downside risks is oil marketing companies, where HPCL is our preferred […]
Indian stock market: On Thursday, June 13, the Sensex and Nifty 50, India’s leading stock market indices, reached new all-time highs during the session. This surge was driven by robust macroeconomic indicators, fostering optimism regarding India’s economic growth prospects in the medium to long term. In the trading session, the […]
Indian stock markets regained their composure after a period of volatility, with a significant rise in the share of stocks that traded in positive territory. This came after a whirlwind of emotions that gripped investors in the lead-up to and the aftermath of the election results last week. “The Indian […]
Telecom major Vodafone Idea on June 13 said that its board has approved issuance of about 166 crore shares at ₹14.80 per share to raise funds up to ₹2,458 crore on a preferential basis. In a regulatory filing, Vodafone Idea said that it will allot 102.7 crore shares aggregating to […]
Shriram Finance Ltd., which the latest addition to the Nifty 50 index, surged over 4 per cent on Thursday to reach an all-time high of ₹2,679. This milestone pushed the company’s overall market capitalization past the ₹1 lakh crore mark. The company surpassed Torrent Pharmaceuticals and Shree Cement in market […]
The initial public offering of Falcon Technoprojects India Ltd is set to hit the D-Street on Wednesday, June 19. The issue’s price band is fixed at ₹92 apiece with a face value of ₹10 each. The issue price is 9.2 times of the face value. The minimum lot size of […]
On June 12, IRDAI dismissed life insurers’ concerns regarding higher premature exit payouts, retaining most provisions related to increased special surrender value (SSV) for endowment policies proposed last month. It mandated life insurance companies to offer surrender value (SV) from the first year, a change from previous norms that allowed […]
What are your expectations from the new government? Do you expect any major shift on the policy front? The focus should remain towards investment-led growth. We continue to remain bullish on the same themes. While I don’t foresee any significant policy changes, I think it’s wise to pay attention to […]
Small-cap stock below ₹5: LIC-owned penny stock Integra Essentia hits upper circuit for fourth day in a row | Stock Market News ₹5,LIC owned penny stock,LIC,Penny stock under ₹5,Integra Essentia share,Upper circuit stocks,Stock market today,Stock market news”/> ₹5,LIC owned penny stock,LIC,Penny stock under ₹5,Integra Essentia share,Upper circuit […]
L&T Finance, a retail lending NBFC, saw its shares gain 5% in today’s intraday trade to hit a new 52-week high of ₹179.25 apiece. This uptick in shares came after 8.82 crore shares, or 4.04% of the total equity of the company, changed hands in a block deal window today, […]